HFSB releases results of its first cyber-attack simulation roundtable in london

The Hedge Fund Standards Board (HFSB), the standard-setting body for the hedge fund industry, has held its first table top cyber-attack simulation for hedge fund managers in London. The HFSB is custodian of the Hedge Fund Standards, and is supported by more than 120 hedge fund managers with $700 billion in aggregate assets.

The objective of the simulation was to explore the response of hedge fund managers to three realistic cyber-attack scenarios: data theft and leakage of internal sensitive data, financial infrastructure attack and crypto ransomware.

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